ACM to cut 35 editorial positions amid revenue decline
By Staff writer in Media News on Thursday, 05th September 2024 at 5:02pm
Australian Community Media (ACM) has announced plans to reduce its workforce by cutting 35 editorial positions across its newsrooms, according to Crikey’s Daany Saeed.
In a statement released by the ACM National House Committee, it was revealed that during a town hall meeting with staff, the management shared the news, citing declining revenue as the primary reason.
In an email to staff, ACM Managing Director Tony Kendall confirmed the cuts, attributing them to the “loss of federal government advertising revenue, the loss of payments from Meta,” and “reduced revenue from display and classifieds advertising, as well as print circulation.”
A voluntary redundancy consultation period is open until September 11, with final decisions to be communicated by September 13. The last ...
To continue reading this article...
More Media News
News Tamil 24x7 to expand with English news channel
By Staff Writer in Media News on Monday, 06th July 2026 at 9:56pm
Editors Guild extends submission deadline for Prem Bhatia Award
By Staff Writer in Media News on Monday, 06th July 2026 at 6:35pm
IPMA retains Rite KnowledgeLabs for its Social Media Mandate ‘Paper Matters’ for the third consecutive year
By Staff Writer in Media News on Monday, 06th July 2026 at 5:22pm
TODAY’S TEN: Meta faces child abuse ad notice, foetal sex-test racket busted and more
By Staff Writer in Media News on Monday, 06th July 2026 at 3:40pm
Manipur journalist Elangbam Ojitkumar exposes government’s neglect of rural schools, wins prestigious award
By Meena R. Prashant in Media News on Monday, 06th July 2026 at 2:59pm
Court dismisses journalist’s plea against Mumbai Press Club expulsion
By Pavithra A in Media News on Monday, 06th July 2026 at 2:25pm
Court grants bail to two journalists in Gujarat CTOC case
By Staff Writer in Media News on Monday, 06th July 2026 at 2:15pm
Media news latest